Overview
This charming property at 10 Chasewater Street in the tranquil Lower Mitcham offers a rare opportunity to own a home set on a substantial 747 square metre land parcel in a well-established suburban neighbourhood. Built in 1925, the residence promises character and potential, ideal for buyers looking to invest in a property with scope for renovation or rebuilding to create a modern family home.
Its location in a peaceful zone under the Mitcham Council with suburban zoning ensures privacy and a quiet lifestyle while maintaining proximity to convenient amenities. The handsome land size provides ample outdoor space suitable for gardening enthusiasts or those who appreciate the luxury of a spacious backyard for recreation or expansion.
This property appeals most to buyers seeking a solid foundation to develop into their dream home or those wanting to embrace the charm of vintage architecture with the advantage of a generous allotment in a coveted area. Although the built area details and internal configurations are currently not disclosed, potential purchasers are encouraged to explore the possibilities this site holds, backed by council and zoning advantages.
Overall, 10 Chasewater Street is a promising canvas offering a blend of established greenery, lifestyle appeal, and location benefits, making it a standout option in Lower Mitcham for discerning buyers looking to make a thoughtful property investment or a creative project in a respected neighbourhood.
Local Market Insights
In Lower Mitcham, Quiet Listings observed 9 new houses entering the market over the last 30 days, up from 7 during the previous 30-day period, with an average advertised asking price of $1,505,556. The property type mix of listed properties is predominantly Houses at 75%, followed by units (20%), and land (5%). The most active agency for houses in the Lower Mitcham area is currently Ocre, representing 22% of new listings, followed by Harris Real Estate with 22%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.